Minor farm auction planned (Daily Progress)
Creditors are planning to sell at auction the 204-acre Fox Ridge Farm, owned by entrepreneur Halsey Minor, to settle a $6.52 million mortgage on which Minor has defaulted.
Ailing Banks Favor Salaries Over Shareholders (NY Times)
A handful of big banks that are struggling in the postbailout world are, by some measures, the industry’s most magnanimous employers. Roughly 90 cents out of every dollar that these banks earned in 2009 — and sometimes more — is going toward employee salaries, bonuses and benefits, according to company filings.
6 Social Networking Faux Pas to Avoid (Inc.)
It doesn’t matter how charming you are in the real world. Here are 6 social networking mistakes you must avoid to save yourself and your business a lot of embarrassment.
A ‘Systemic Shift’ in Small Business Lending (BusinessWeek)
As banks cut back on lending directly to small businesses, CDFIs are expanding their role and tapping recently formed bank holding companies for capital.
Sorry, Facebook friends: Our brains can’t keep up (CNET)
Robin Dunbar, a professor of evolutionary anthropology at Oxford University, developed a theory in the 1990s dubbed Dunbar’s Number. The theory contends that the human brain is only capable of managing relationships–staying in contact at least once per year and knowing how friends relate to others–with about 150 people.